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17 November 1999

Schedule of MPS and OCR review dates for 2000

The Reserve Bank today announced indicative dates for Monetary Policy Statements and intra-quarter Official Cash Rate (OCR) reviews for the coming year.

The following dates are confirmed:

Wednesday 19 January 2000

OCR Review

Wednesday 15 March 2000*

Monetary Policy Statement

The indicative schedule for the remainder of 2000 is:

Wednesday 19 April 2000

OCR Review

Wednesday 17 May 2000

Monetary Policy Statement

Wednesday 5 July 2000

OCR Review

Wednesday 16 August 2000

Monetary Policy Statement

Wednesday 4 October 2000

OCR Review

Wednesday 15 November 2000

Monetary Policy Statement

Please note that from April to November the dates are indicative only. Any changes will be announced well in advance. Also note that each Monetary Policy Statement also includes with it an OCR review. Consequently, eight Official Cash Rate reviews will be undertaken in 2000.

* Note: The 15 March 2000 MPS date was previously announced as 16 March 2000.

For further information contact
Paul Jackman
Corporate Affairs Manager
Phone 04 471 3671, home 04 938 8177, pager 026 105 085,
Email jackmanp@rbnz.govt.nz